Robert Peed
Chief Executive Officer at AMERICAN COASTAL INSURANCE CORPORATION
Net worth: 185 M $ as of 30/03/2024
Profile
Robert Daniel Peed is currently the Chairman & Chief Executive Officer at American Coastal Insurance Corp.
He is also a Director at United Property & Casualty Insurance Co. Previously, he served as the Chief Executive Officer & Director at American Coastal Insurance Co., Inc. from 2007 to 2017.
He was the Non-Executive Vice Chairman at AmRisc LLC from 2018 to 2019.
Prior to that, he held the position of Senior Vice President at Fulcrum Insurance Co. and SOREMA North America Reinsurance Co. from 1991 to 2000.
He started his career as a Supervisor at Factory Mutual Engineering Association from 1985 to 1991.
Mr. Peed completed his undergraduate degree from Texas A&M University in 1985 and obtained an MBA from the University of North Texas in 1991.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 17/03/2024 | 17,336,336 ( 37.06% ) | 185 M $ | 30/03/2024 |
Robert Peed active positions
| Companies | Position | Start |
|---|---|---|
| AMERICAN COASTAL INSURANCE CORPORATION | Chief Executive Officer | 30/06/2020 |
United Property & Casualty Insurance Co.
 United Property & Casualty Insurance Co. Multi-Line InsuranceFinance Part of HCI Group, Inc., United Property & Casualty Insurance Co. is a private company that provides property and home owners insurance services. The company is based in St. Petersburg, FL. The CEO of the company is John L. Forney. United Property & Casualty Insurance was acquired by HCI Group, Inc. from American Coastal Insurance Corp. on February 27, 2023 for $8.28 million. | Director/Board Member | - |
Former positions of Robert Peed
| Companies | Position | End |
|---|---|---|
AmRisc LLC
 AmRisc LLC Insurance Brokers/ServicesFinance Part of Truist Insurance Holdings, Inc., AmRisc LLC is a private company that provides general insurance underwriting services. The company is based in Morehead City, NC. | Chief Executive Officer | 30/11/2018 |
American Coastal Insurance Co., Inc.
 American Coastal Insurance Co., Inc. Property/Casualty InsuranceFinance American Coastal Insurance Co. provides property and casualty insurance services. It is an admitted Florida specialty company targeting garden-style condominiums. The firm offers commercial property policy for associations provides coverage for the commonly owned association property, excluding the unit-owners property. The company was founded in 2007 and is headquartered in Sunrise, FL. | Chief Executive Officer | 31/12/2016 |
SOREMA North America Reinsurance Co.
 SOREMA North America Reinsurance Co. Multi-Line InsuranceFinance SOREMA North America Reinsurance Co. provides fire, marine and casualty insurance. The company is headquartered in New York, NY. | Corporate Officer/Principal | 31/12/1999 |
Fulcrum Insurance Co.
 Fulcrum Insurance Co. Insurance Brokers/ServicesFinance Part of Brookfield Reinsurance Ltd., Fulcrum Insurance Co. is a private company that provides property and casualty insurance. The company is based in Scottsdale, AZ. Fulcrum Insurance was acquired by Argonaut Group, Inc. from SCOR SE on May 06, 2002. | Corporate Officer/Principal | 31/12/1999 |
| Factory Mutual Engineering Association | Corporate Officer/Principal | 31/12/1990 |
Training of Robert Peed
| Texas A&M University | Undergraduate Degree |
| University of North Texas | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| AMERICAN COASTAL INSURANCE CORPORATION | Finance |
| Private companies | 6 |
|---|---|
Fulcrum Insurance Co.
Fulcrum Insurance Co. Insurance Brokers/ServicesFinance Part of Brookfield Reinsurance Ltd., Fulcrum Insurance Co. is a private company that provides property and casualty insurance. The company is based in Scottsdale, AZ. Fulcrum Insurance was acquired by Argonaut Group, Inc. from SCOR SE on May 06, 2002. | Finance |
SOREMA North America Reinsurance Co.
SOREMA North America Reinsurance Co. Multi-Line InsuranceFinance SOREMA North America Reinsurance Co. provides fire, marine and casualty insurance. The company is headquartered in New York, NY. | Finance |
AmRisc LLC
AmRisc LLC Insurance Brokers/ServicesFinance Part of Truist Insurance Holdings, Inc., AmRisc LLC is a private company that provides general insurance underwriting services. The company is based in Morehead City, NC. | Finance |
United Property & Casualty Insurance Co.
United Property & Casualty Insurance Co. Multi-Line InsuranceFinance Part of HCI Group, Inc., United Property & Casualty Insurance Co. is a private company that provides property and home owners insurance services. The company is based in St. Petersburg, FL. The CEO of the company is John L. Forney. United Property & Casualty Insurance was acquired by HCI Group, Inc. from American Coastal Insurance Corp. on February 27, 2023 for $8.28 million. | Finance |
| Factory Mutual Engineering Association | |
American Coastal Insurance Co., Inc.
American Coastal Insurance Co., Inc. Property/Casualty InsuranceFinance American Coastal Insurance Co. provides property and casualty insurance services. It is an admitted Florida specialty company targeting garden-style condominiums. The firm offers commercial property policy for associations provides coverage for the commonly owned association property, excluding the unit-owners property. The company was founded in 2007 and is headquartered in Sunrise, FL. | Finance |
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